992… new or used
Discussion
I’m looking at trading my daily (Golf R) and weekend car (Tamora) for a 992 within the next 12 months or so. I would use the 992 as a daily and would cover 12-15k miles a year.
I’m in the early stages of research and have been looking at Porsche approved offerings, which seem to be around the £80k mark for a base car.
I then noticed brand new stock cars are discounted to around £105k currently.
While the £25k difference represents a lot of money, in percentage terms the difference is not that great so I’m thinking I’d be better off saving a bit longer and going for brand new with the benefit of the extra warranty and the pleasure of owning it from new.
Has anyone else been through the same thought process recently? I’d be interested to know what you decided to do and why.
As an aside, I can’t find what Porsche offer as an interest rate on a new PCP. I’ve tried to find it on the website and failed so far! Can anyone advise?
Thanks
I’m in the early stages of research and have been looking at Porsche approved offerings, which seem to be around the £80k mark for a base car.
I then noticed brand new stock cars are discounted to around £105k currently.
While the £25k difference represents a lot of money, in percentage terms the difference is not that great so I’m thinking I’d be better off saving a bit longer and going for brand new with the benefit of the extra warranty and the pleasure of owning it from new.
Has anyone else been through the same thought process recently? I’d be interested to know what you decided to do and why.
As an aside, I can’t find what Porsche offer as an interest rate on a new PCP. I’ve tried to find it on the website and failed so far! Can anyone advise?
Thanks
As above, I went for an approved 992 a year ago. I wouldn’t buy a new one now and let someone else take the hit. Did buy my previous car, a 718, new. But was a lower price of entry and potential loss. Worked out ok over the six and a half years I had it.
Only advantage for me if buying new is that you can spec it how you want it imo. You can still get used with balance of original warranty and the extended one is good anyway.
My 992 felt just as new and special as the 718 when I picked it up. Whole experience was the same minus waiting for months.
Downside with approved is finding a spec you want, so a bit of a waiting game or compromise. If you’ve no real spec needs then the worlds your oyster though
Can see how the low priced .2 cars are tempting though given the difference, though. I won’t be replacing my .1 for a few minor differences with the .2. Will wait for the next gen now.
Only advantage for me if buying new is that you can spec it how you want it imo. You can still get used with balance of original warranty and the extended one is good anyway.
My 992 felt just as new and special as the 718 when I picked it up. Whole experience was the same minus waiting for months.
Downside with approved is finding a spec you want, so a bit of a waiting game or compromise. If you’ve no real spec needs then the worlds your oyster though
Can see how the low priced .2 cars are tempting though given the difference, though. I won’t be replacing my .1 for a few minor differences with the .2. Will wait for the next gen now.
Edited by Pinball on Sunday 16th February 19:01
Edited by Pinball on Sunday 16th February 19:02
Like most things it comes down to a number of factors (e.g. age of car/spec/budget/length of ownership) and ultimately personal choice!)
I looked for a nearly new but used 992.1 4GTS and couldn't find the spec i wanted (I did want a lot of options but there was always one big item missing like no matrix headlights or it had the fixed wing) so in the end went for a new vehicle. It's a March 24 car so we all knew the .2 was coming and so a good discount was available. I also wanted to PPF it so having it without any miles helped with the paintwork being unmolested.
The thing for me was that by the time i started looking at high spec nearly new used examples, the cost difference between new and used wasn't huge and then add in the other factors like a full 3 warranty, being the 1st owner and having the exact spec, the new car margin was worth it.
The market may have changed so the cost difference may be greater now but at this price point, i'd rather pay extra for the car/spec i want than still pay ££££££ and it not quite be the perfect car. As i say though, always personal choice.
Edit to add that mine isn't used as a daily either so perhaps that would push me more towards a used car if it is going to cover relatively high miles ('ve done around 3k miles in the 992.1 as it approaches a year old).
I looked for a nearly new but used 992.1 4GTS and couldn't find the spec i wanted (I did want a lot of options but there was always one big item missing like no matrix headlights or it had the fixed wing) so in the end went for a new vehicle. It's a March 24 car so we all knew the .2 was coming and so a good discount was available. I also wanted to PPF it so having it without any miles helped with the paintwork being unmolested.
The thing for me was that by the time i started looking at high spec nearly new used examples, the cost difference between new and used wasn't huge and then add in the other factors like a full 3 warranty, being the 1st owner and having the exact spec, the new car margin was worth it.
The market may have changed so the cost difference may be greater now but at this price point, i'd rather pay extra for the car/spec i want than still pay ££££££ and it not quite be the perfect car. As i say though, always personal choice.
Edit to add that mine isn't used as a daily either so perhaps that would push me more towards a used car if it is going to cover relatively high miles ('ve done around 3k miles in the 992.1 as it approaches a year old).
Edited by DBXExige on Monday 24th February 15:40
It's also worth noting that buying a sub 2 year old CPO car can actually give you a longer warranty period overall with the 4+2 years of coverage from in-service date. At least that's the way in works in North America.
I bought a CPO car in the end, these cars are hugely spec dependent and unless you specifically want a stripper the key options like sports chrono/exhaust push the cost up quickly. I also didn't fancy an 'early' 992.1/2, prefer to leave it a year or two to get the new model kinks sorted out.
I bought a CPO car in the end, these cars are hugely spec dependent and unless you specifically want a stripper the key options like sports chrono/exhaust push the cost up quickly. I also didn't fancy an 'early' 992.1/2, prefer to leave it a year or two to get the new model kinks sorted out.
Edited by g35x on Monday 24th February 19:14
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